Noble / Rosetta has wells to the west of Section 265. No permits on Section 265. More recent leases have been taken by Rosetta and Centennial. COG has leases there and your lease to COG does not expire until August 2018. It makes no sense that some other company is offering to extend the COG lease. COG would approach you directly and likely not this soon. Is this really a top-lease that does not come into effect unless and until the COG lease expires? If it is a top lease, you will only get a small part of the bonus at this time and then be due the rest next August. Your minerals are tied up and the top lease may be flipped, making it harder to find who has liability to pay you. This is a hot area and you have almost a year before getting competing bids. I am not familiar with Norwood and you can ask what company they are representing. Read any document presented carefully. Be sure about the exact terms of lease form - in particular that there is "25% royalty" and it does not say "25% of royalty" as the latter is a sale of 3/4 of your revenues.